328 N 2nd St Montebello, CA 90640
New
MULTI_FAMILY - Montebello, CA
Property size:
7,559 SFLot size:
0.33 AcresPrice / SF:
$284/SF- Added:
- Apr 21, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 21 at 4:06 pm
Property Features for 328 N 2nd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MNR3YY
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bathroom 7, Bathroom 1, Bedroom 16, Bedroom 7, Bathroom 2, Bathroom 6, Bathroom 3, Bedroom 1, Bedroom 10, Bedroom 3, Bedroom 13, Bedroom 12, Bedroom 14, Bathroom 5, Bedroom 11, Bedroom 5, Bathroom 8, Bedroom 8, Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 15, Bedroom 6, Bedroom 9
- Parking
- 8
- Parking features
- Garage
- Standard status
- Active
- APN
- 6346-006-004
- Size
- 7,559 SF
- Lot size
- 0.33 Acres
Utilities
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1947
- Floors in Building
- 2
- Number of units
- 8
Listing agent Shant Sherbetdjian License #01713570 (626) 657-8150
Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA (213) 817-1000
Listing date Apr 21, 2026
MLS# 26748163
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Montebello Multifamily Investment Opportunity
This multi-family property, available for the first time in over 50 years, is located in the North Montebello submarket. The property features spacious 2-bedroom, 1-bathroom units averaging nearly 900 square feet each. Each unit includes garage parking, laundry hookups, and private rear entrances. Key infrastructure improvements include an updated main electrical panel. There is potential for the addition of multiple ADUs (buyer to verify). The property offers value-add potential, with projected rental upside of approximately 68%, allowing for strategic renovation and repositioning to capture higher market rents. Its walkable location provides convenient access to retail and dining along Beverly Blvd. The property is subject to California's AB 1482 ordinance and not governed by any local rent control. The property size is 7559 square feet, situated on a lot of 0.3317 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Montebello
- County
- Los Angeles
- State
- California
- Longitude
- -118.100066
- Latitude
- 34.013477
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rare multifamily property with value-add potential in North Montebello.
Where is this apartment building located?
The property is located at 328 N 2nd St Montebello, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Significant value‑add potential with projected rental upside of approximately 68%.; Rare generational asset opportunity in the highly desirable North Montebello submarket.; Potential for the addition of multiple ADUs (buyer to verify) for future income growth.
